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Overview Of Ethereum’s Developments In Closing 2017
Ethereum's Q4 developments in 2017 focused on scalability to handle more complex applications and increased transaction volume.Casper, a proof-of-stake mechanism, and sharding were key...
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Grand Mufti Of Egypt Issues Fatwā Against Cryptocurrency
The highest ranking Islamic official in Egypt has stated that virtual currencies are incompatible with Sharia Law.Local sources in Cairo are reporting that Egypt's...
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No Ban On Cryptocurrency, Says Malaysian Official
Malaysia’s deputy finance minister has clarified the country’s position on cryptocurrencies. There will not be a blanket ban against crypto.Local media is reporting that...
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Convergence Of Bitcoin And Financial Market Threatens Stability, Says ECB Board Member
Yves Mersch is worried that bitcoin may threaten financial stability as “market infrastructures such as stock exchanges enter this business.”The ex-governor of the Luxembourg...
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Bankers Say Stablecoin Yield Ban Draft Has Flaws
Major U.S. banking groups have publicly opposed the latest draft of the Clarity Act's stablecoin yield clause, arguing it...
PayPal to Use AI, Cut Costs, Save $1.5B Under CEO Lores
Paypal CEO Enrique Lores announced a major initiative to use AI for cost savings and product improvements.The company targets...
Ras Al Khaimah free zone launches first onchain business IDs
Innovation City in Ras Al Khaimah has launched the first blockchain-based digital business identity system for its registered companies.The...
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